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Re: I-Man post# 10365

Friday, 11/04/2022 10:01:32 AM

Friday, November 04, 2022 10:01:32 AM

Post# of 10474
I understand your position. I am not a big fan of handouts either but I will take it if helps NV. However, I am still on the fence about this split. I am beginning to think that it is due to a combination of LAC trying to get the federal funding and the US/Canada playing hard ball with China (Refer to article I posted yesterday). What puzzles me is that Cauchari was going to generate hundreds of millions per year, which would have helped fund NV and I doubt that the Federal funding would exceed more than that plus it would be a one time deal (Piedmont received $142M). So only the LAC in South America will benefit from Cauchari as Gangfeng calls the shots and probably buys the whole thing. Maybe I am missing something (?) because the stock has been going up since yesterday. I am still holding and happy with the bump, but I remain cautious about the recent news.
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